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$289,780

NAL Estimated Property Value

601 Center Way Street, Lake Jackson, TX, 77566

Off MarketInfo
Beds5 Beds
Baths3 Bath
Baths2,602 Sq Ft
price_per_sqft$124.52 / sqft
Year BuiltBuilt in 1962

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 1Bathrooms Full 1
Heating ElectricHeating Electric
CoolingCooling
AppliancesDisposal
FlooringLaminate

Exterior

Lot Size26,994 sqft

Building Information

Year Built1962
Stories1
Roof Type105
Garage Spaces2

Land Information

APN7725-0004-000
Lot Number1
SubdivisionSouth Parkwood
Land UseResidential
Legal DescriptionSOUTH PARKWOOD (LAKE JACKSON) BLK 1 LOT 1A-2
Census Tract663500
Assessed Land Value$64,880
Assessed Improvement Value$224,900
Assessment Year2025

About this property

5/2/2 Sprawling Mid Century Modern Ranch brick home in the center of beautiful Lake Jackson, Texas. Located on a ½+acre fenced corner lot across from Jasmine Park and tennis courts. Walking distance to award winning A.P. Beutel Elementary and a short distance to the new HEB and Kroger shopping centers. This well taken care of home was purchased from the original owners 7 years ago and has been thoughtfully renovated. Exterior updates include: paint, custom shutters, custom window planter, privacy fencing, half fence to separate yard, and an exterior deck. Interior updates include: sheetrock ceilings, fresh white paint throughout, driftwood colored laminate flooring, new kitchen cabinets, shiplap, updated bathrooms, new ceiling fans, new lighting, new A/C ducts, new A/C compressor, updated electrical wiring, and new electrical panel. The oversized garage has windows and was sectioned into 2 flex rooms with storage space and can be easily converted back.

Investor Tools

Property Icon
$289,780
Estimated Property Value
$259,804Estimated Mortgage Balance
$29,976Estimated Equity
10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,944 /month
Positive
Cash Flow Estimate:
$648 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$584/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,565
$289,780
2025
$64,880
$224,900
$289,780
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,565
$289,780

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Fha
$274,928
Yes
First
May 24, 2023
Jun 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$259,804
$29,976
10%
90%
$1,649/mo

City: Lake Jackson

601 Center Way Street | Property Details | No Agent List